Equities Analysts Offer Predictions for Newmont Q1 Earnings

Key Points

• Raymond James Financial has lowered its Q1 2026 earnings per share estimate for Newmont to $1.23, down from a previous estimate of $1.25, while maintaining an "Outperform" rating with a price target of $84.00.
• BNP Paribas Exane increased Newmont's price target from $66.00 to $92.00, while other firms like Scotiabank and the Royal Bank of Canada have also raised their price objectives for the stock.
• Newmont has announced a quarterly dividend of $0.25 per share, which yields approximately 1.2%, reflecting a dividend payout ratio of 17.95%.

Newmont Corporation (NYSE:NEM - Free Report) - Equities research analysts at Raymond James Financial dropped their Q1 2026 earnings per share (EPS) estimates for Newmont in a research note issued on Monday, September 22nd. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will post earnings of $1.23 per share for the quarter, down from their previous estimate of $1.25. Raymond James Financial has a "Outperform" rating and a $84.00 price objective on the stock. The consensus estimate for Newmont's current full-year earnings is $3.45 per share. Raymond James Financial also issued estimates for Newmont's Q2 2026 earnings at $1.28 EPS, Q3 2026 earnings at $1.33 EPS, Q4 2026 earnings at $1.34 EPS and FY2026 earnings at $5.18 EPS.

A number of other research analysts have also weighed in on the stock. BNP Paribas Exane lifted their price target on shares of Newmont from $66.00 to $92.00 and gave the company an "outperform" rating in a research note on Monday, September 15th. Scotiabank raised their price objective on shares of Newmont from $69.00 to $72.00 and gave the stock a "sector perform" rating in a report on Monday, July 28th. BNP Paribas lowered shares of Newmont from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 4th. Stifel Nicolaus initiated coverage on Newmont in a research note on Wednesday, July 9th. They issued a "buy" rating and a $73.00 price target on the stock. Finally, Royal Bank Of Canada upgraded Newmont from a "sector perform" rating to an "outperform" rating and boosted their price target for the company from $66.00 to $95.00 in a report on Wednesday, September 10th. Four research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $73.38.

Newmont Price Performance

Shares of NEM opened at $84.59 on Wednesday. The stock has a 50 day simple moving average of $70.47 and a 200 day simple moving average of $58.98. Newmont has a 52-week low of $36.86 and a 52-week high of $86.62. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.91 and a current ratio of 2.23. The firm has a market capitalization of $92.91 billion, a PE ratio of 15.19, a P/E/G ratio of 0.97 and a beta of 0.34.

Newmont (NYSE:NEM - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The basic materials company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.48. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $4.70 billion. Newmont had a return on equity of 17.86% and a net margin of 30.50%.The company's revenue for the quarter was up 20.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 earnings per share.

Institutional Investors Weigh In On Newmont

Several large investors have recently made changes to their positions in the stock. Caldwell Trust Co bought a new stake in Newmont during the second quarter worth $31,000. Valeo Financial Advisors LLC increased its stake in shares of Newmont by 18.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 9,238 shares of the basic materials company's stock worth $538,000 after purchasing an additional 1,460 shares during the last quarter. Q3 Asset Management acquired a new position in shares of Newmont during the 2nd quarter worth about $3,242,000. Orion Porfolio Solutions LLC raised its holdings in shares of Newmont by 160.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 49,040 shares of the basic materials company's stock valued at $2,857,000 after purchasing an additional 30,189 shares during the period. Finally, MASTERINVEST Kapitalanlage GmbH acquired a new stake in Newmont in the 2nd quarter valued at about $2,511,000. Institutional investors and hedge funds own 68.85% of the company's stock.

Insider Activity

In other Newmont news, EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $63.66, for a total value of $190,980.00. Following the completion of the transaction, the executive vice president directly owned 58,736 shares in the company, valued at $3,739,133.76. This trade represents a 4.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bruce R. Brook sold 2,077 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $74.59, for a total value of $154,923.43. Following the transaction, the director directly owned 38,949 shares in the company, valued at $2,905,205.91. This trade represents a 5.06% decrease in their position. The disclosure for this sale can be found here. Insiders sold 19,246 shares of company stock worth $1,253,559 in the last quarter. Corporate insiders own 0.05% of the company's stock.

Newmont Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Thursday, September 4th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 4th. Newmont's dividend payout ratio is currently 17.95%.

About Newmont

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.

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